I
Imcyse
Biotech & Life Sciences · Liège, Belgium · Founded 2011
Specific immunotherapies for severe autoimmune diseases MoreLess
Imcyse S.A. is a clinical-stage biopharmaceutical company focused on developing a new class of active and specific immunotherapies for severe autoimmune diseases. The company was founded in 2010 as a spin-off from the Catholic University of Leuven (KU Leuven) in Belgium and is headquartered in Liège. The company's core technology platform, Imotopes™, is designed to halt the progression of autoimmune diseases by specifically targeting and eliminating the immune cells that cause the destruction of organs, without suppressing the patient's entire immune system.
The Imotope™ platform is based on modified synthetic peptides that stimulate a specific type of T-cell, known as cytolytic CD4+ T-cells. These cells are engineered to identify and destroy the aberrant immune cells responsible for the autoimmune attack. This targeted approach aims to prevent further tissue damage, stop disease progression, and potentially provide a cure while leaving the patient's overall immune defenses intact. The technology is designed to induce a memory response, allowing for long-lasting effects with infrequent dosing.
Imcyse's business model revolves around advancing its pipeline of drug candidates through clinical trials, both independently and through strategic partnerships with major pharmaceutical companies. A key collaboration is with Pfizer for the development and commercialization of an Imotope™ for Rheumatoid Arthritis (RA). Under this agreement, Imcyse received an upfront payment and is eligible for milestone payments and royalties, while Pfizer leads the clinical development and commercialization. The company has raised significant capital through multiple funding rounds to advance its clinical programs. Its Series B financing, led by Life Sciences Partners (LSP), raised €35 million, and a subsequent extension brought in an additional €21.3 million, with Pfizer participating as a new investor.
The company's pipeline includes several programs targeting major autoimmune diseases. Its lead candidate, IMCY-0098, is an insulin-derived Imotope™ for the treatment of early-onset Type 1 Diabetes (T1D). This program is in a Phase 2 clinical trial (IMPACT study) across Europe, the United States, and Australia, with topline results expected in early 2024. The second clinical-stage candidate, IMCY-0141, is based on Myelin Oligodendrocyte Glycoprotein (MOG) and targets Relapsing-Remitting Multiple Sclerosis (RRMS). It is currently in a Phase 1/2 trial. Pre-clinical programs are also underway for conditions such as Neuromyelitis Optica Spectrum Disorder (NMOSD), Celiac Disease, and Rheumatoid Arthritis.
Keywords: immunotherapy, autoimmune diseases, synthetic peptides, Imotopes, cytolytic CD4 T-cells, Type 1 Diabetes, Multiple Sclerosis, Rheumatoid Arthritis, clinical-stage biopharmaceutical, KU Leuven spin-off, specific immunotherapy, IMCY-0098, IMCY-0141, Neuromyelitis Optica, Celiac Disease, disease-modifying treatment, targeted therapy, Pfizer collaboration, biopharmaceutical, immunology, life sciences, peptide therapy, T-cell modulation, autoimmune therapy
Company overview
Imcyse company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2011
- Headquarters
- Liège, Belgium
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 62.7
Valuation & funding
Imcyse funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Feb 2021 | $23M | $94M | Pfizer · Epimede · SFPIM · EQT Life Sciences | — |
| DEBTDebt | Jun 2019 | $2.2M | — | Belfius | — |
| GRANTOther financing | Jun 2019 | $5.1M | — | WE Venture | — |
| SERIES BOther financing | Jun 2019 | $31M | $123M | Epimede · Wallonie Entreprendre · SFPIM · EQT Life Sciences | ↗ |
| SPINOUTOther financing | Jan 2011 | $0 | — | KU Leuven | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $1.7M | 0% | −$3.7M | -219.7% |
| 2025 | $1.7M | 0% | −$3.7M | -219.7% |
| 2024 | $1.7M | +43.6% | −$3.7M | -219.7% |
| 2023 | $1.2M | +4.1% | −$3.7M | -315.4% |
| 2022 | $1.1M | +125.7% | −$3.7M | -328.4% |
| 2021 | $499K | +443.7% | −$18M | -3545.3% |
| 2020 | $92K | — | −$2.6M | -2796% |
Growth signals
Imcyse website traffic
Latest recorded traffic for Imcyse is 840 monthly website visits, down 30% over the last three months. Imcyse's team declined 28.6% over the past year.
Comparisons
Imcyse compared with similar companies
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Talent graph
Imcyse's talent
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Investors
10 investors on Imcyse's cap table
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Global footprint
Where Imcyse has talent and traffic
team presence
In the news
Latest news about Imcyse
Recent press, funding announcements, and product moves mentioning Imcyse — open to read from the original sources.
Market sentiment
What the market is saying about Imcyse
An AI-synthesized read of the highest-engagement posts about Imcyse on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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